City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Amounts Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - 293 293
150,850 150,850 1,555 (149,295)
- - - -
150,850 150,850 1,848 (149,002)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
150,850 150,850 1,848 (149,002)
- - - -
- - - -
- - - -
- - - -
- - - -
150,850 150,850 1,848 (149,002)
6,063 6,063 6,063 -
- - - -
6,063 6,063 6,063 -
$ 156,913 $ 156,913 $ 7,911 $ (149,002)
Cont'd
General Government Facilities Fee
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
100 100 151 51
40,000 40,000 1,000 (39,000)
- - - -
40,100 40,100 1,151 (38,949)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
40,100 40,100 1,151 (38,949)
- - - -
- - - -
- - - -
- - - -
- - - -
40,100 40,100 1,151 (38,949)
2,996 2,996 2,996 -
- - - -
2,996 2,996 2,996 -
$ 43,096 $ 43,096 $ 4,147 $ (38,949)
Cont'd
Budgeted Amounts
Fire Facilities Fee
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
1,000 1,000 879 (121)
144,000 144,000 8,143 (135,857)
- - - -
145,000 145,000 9,022 (135,978)
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
145,000 145,000 9,022 (135,978)
- - - -
- - - -
- - - -
- - - -
- - - -
145,000 145,000 9,022 (135,978)
15,887 15,887 15,887 -
- - - -
15,887 15,887 15,887 -
$ 160,887 $ 160,887 $ 24,909 $ (135,978)
Cont'd
Budgeted Amounts
Stormwater Facilities Fee
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - 57,905 57,905
- - - -
- - - -
- - - -
- - - -
- - - -
- - 57,905 57,905
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - 57,905 57,905
- - - -
- - - -
- - - -
- - - -
- - - -
- - 57,905 57,905
- - - -
- - - -
- - - -
$ - $ - $ 57,905 $ 57,905
Cont'd
Budgeted Amounts
Go Sonoma Roads
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - 295 295
- - - -
- - - -
- - - -
- - 295 295
- - - -
- - 25,990 (25,990)
- - - -
- - - -
- - - -
- - - -
- - - -
- - 25,990 (25,990)
- - (25,695) (25,695)
- - - -
- - - -
- - - -
- - - -
- - - -
- - (25,695) (25,695)
- - - -
- - - -
- - - -
$ - $ - $ (25,695) $ (25,695)
Cont'd
Budgeted Amounts
OTS Police Federal Grants
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
250,000 250,000 - (250,000)
- - - -
- - - -
- - - -
250,000 250,000 - (250,000)
250,000 250,000 10,330 239,670
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
250,000 250,000 10,330 239,670
- - (10,330) (10,330)
- - - -
- - - -
- - 30,153 30,153
- - - -
- - 30,153 30,153
- - 19,823 19,823
(19,823) (19,823) (19,823) -
- - - -
(19,823) (19,823) (19,823) -
$ (19,823) $ (19,823) $ - $ 19,823
Cont'd
Budgeted Amounts
Supplemental Planning Grant (SB2 &L EAP)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
600,000 600,000 543,059 (56,941)
- - - -
- - - -
- - 117 117
- - - -
- - - -
600,000 600,000 543,176 (56,824)
- - - -
- 187,217 67,758 119,459
- - - -
- - - -
- - 638,745 (638,745)
- 413,732 638,745 (225,013)
- 55,655 55,654 1
- 656,604 1,400,902 (744,298)
600,000 (56,604) (857,726) (801,122)
- - 638,745 638,745
- - 225,013 225,013
- - - -
- - - -
- - 863,758 863,758
600,000 (56,604) 6,032 62,636
- - - -
- - - -
- - - -
$ 600,000 $ (56,604) $ 6,032 $ 62,636
Cont'd
Budgeted Amounts
Measure H
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - 29,560 29,560
- - - -
- - 29,560 29,560
- - 29,560 29,560
(29,560) (29,560) (29,560) -
- - - -
(29,560) (29,560) (29,560) -
$ (29,560) $ (29,560) $ - $ 29,560
Cont'd
Budgeted Amounts
Clean Energy Renewable Bonds
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
4,500 4,500 13,523 9,023
- - - -
- - - -
4,500 4,500 13,523 9,023
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
4,500 4,500 13,523 9,023
- - - -
- - - -
- - - -
- - - -
- - - -
4,500 4,500 13,523 9,023
249,230 249,230 249,230 -
- - - -
249,230 249,230 249,230 -
$ 253,730 $ 253,730 $ 262,753 $ 9,023
Cont'd
Budgeted Amounts
Underground Utilities Fee
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol
Schedule of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual (GAAP Basis)
Nonmajor Governmental Funds
For the Year Ended June 30, 2025
REVENUES
Property taxes
Sales and use taxes
License and permits
Intergovernmental
Interest and rents
Charges for services
Miscellaneous
Total Revenues
EXPENDITURES
Current:
General government
Public safety
Parks and recreation
Public works
Capital outlay
Debt service:
Principal
Interest and fiscal charges
Total Expenditures
Excess (Deficiency) of Revenues over Expenditures
OTHER FINANCING SOURCES (USES)
Debt issuance
Sale of capital assets
Transfers in
Transfers out
Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances Beginning
Restatements and Major/Nonmajor Reclassifications
Fund Balances Beginning, Restated
Fund Balances Ending
Variance with
Final Budget
Actual Positive
Original Final Amounts (Negative)
$ - $ - $ - $ -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
1,702,065 1,702,065 371,151 1,330,914
- - - -
- - - -
1,702,065 1,702,065 371,151 1,330,914
(1,702,065) (1,702,065) (371,151) 1,330,914
- - - -
- - - -
1,702,065 1,702,065 371,151 (1,330,914)
- - - -
1,702,065 1,702,065 371,151 (1,330,914)
- - - -
- - - -
- - (50,752) -
- - (50,752) -
$ - $ - $ (50,752) $ -
Concluded
General Capital Projects
Budgeted Amounts
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Page Intentionally Left Blank
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
STATISTICAL SECTION
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Page Intentionally Left Blank
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Index
Financial Trends
Revenue Capacity
Debt Capacity
Demographic and Economic Information
Operating Information
These schedules contain service and infrastructure data to help the reader understand how the information in the City’s financial report relates to the services the City provides and the activities it performs.
STATISTICAL SECTION
This part of the City of Sebastopol’s annual comprehensive financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City.
These schedules contain trend information to help the reader understand how the City’s financial performance and well-being have changed over time.
These schedules contain information to help the reader assess the City’s most significant local revenue source, the property tax.
These schedules present information to help the reader assess the affordability of the City’s current levels of outstanding debt and the City’s ability issues additional debt in the future.
These schedules offer demographic and economic indicators to help the reader understand the environment within which the City’s financial activities take place.
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2016 2017 2018 2019 2020
Governmental Activities
Net Investment In Capital Assets $ 8,017,313 $ 8,461,885 $ 9,242,243 $ 9,448,772 $ 9,494,832 Restricted 4,314,008 2,279,908 1,660,668 1,450,299 2,827,215 Unrestricted (3,524,869) (847,289) (3,254,719) (2,485,538) (3,011,697) Total Governmental Activities Net Position $ 8,806,452 $ 9,894,504 $ 7,648,192 $ 8,413,533 $ 9,310,350 Business-Type Activities
Net Investment In Capital Assets $ 4,799,099 $ 4,705,054 $ 5,956,258 $ 5,966,945 $ 5,594,545 Restricted 1,404,798 1,468,204 - - -
Unrestricted 1,691,465 2,900,417 3,430,964 3,563,944 3,204,183 Total Business-Type Activities Net Position $ 7,895,362 $ 9,073,675 $ 9,387,222 $ 9,530,889 $ 8,798,728 Primary Government
Net Investment In Capital Assets $ 12,816,412 $ 13,166,939 $ 15,198,501 $ 15,415,717 $ 15,089,377 Restricted 5,718,806 3,748,112 1,660,668 1,450,299 2,827,215 Unrestricted (1,833,404) 2,053,128 176,245 1,078,406 192,486 Total Primary Government Net Position $ 16,701,814 $ 18,968,179 $ 17,035,414 $ 17,944,422 $ 18,109,078 Continued
Source: Basic Financial Statements- City of Sebastopol, California Fiscal Year
CITY OF SEBASTOPOL
NET POSITION BY COMPONENT
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2021 2022 2023 2024 2025
Governmental Activities
Net Investment In Capital Assets $ 9,355,475 $ 9,702,362 $ 10,407,888 $ 13,491,017 $ 12,734,897 Restricted 3,067,342 3,599,203 2,696,032 2,592,120 4,365,473 Unrestricted (4,241,598) (5,490,293) 56,266 (591,864) (1,793,432) Total Governmental Activities Net Position $ 8,181,219 $ 7,811,272 $ 13,160,186 $ 15,491,273 $ 15,306,938 Business-Type Activities
Net Investment In Capital Assets $ 5,199,403 $ 5,259,183 $ 5,366,755 $ 5,821,403 $ 5,955,194 Restricted - - - - -
Unrestricted 2,840,979 1,782,914 847,207 (1,467,220) 367,369 Total Business-Type Activities Net Position $ 8,040,382 $ 7,042,097 $ 6,213,962 $ 4,354,183 $ 6,322,563 Primary Government
Net Investment In Capital Assets $ 14,554,878 $ 14,961,545 $ 15,774,643 $ 19,312,420 $ 18,690,091 Restricted 3,067,342 3,599,203 2,696,032 2,592,120 4,365,473 Unrestricted (1,400,619) (3,707,379) 903,473 (2,059,084) (1,426,063) Total Primary Government Net Position $ 16,221,601 $ 14,853,369 $ 19,374,148 $ 19,845,456 $ 21,629,501 Concluded
Fiscal Year
CITY OF SEBASTOPOL
NET POSITION BY COMPONENT
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2016 2017 2018 2019 2020
Expenses
Governmental Activities
General government $ 1,761,437 $ 2,055,024 $ 2,278,030 $ 2,000,974 $ 2,609,862 Public safety 4,193,457 5,260,822 5,397,701 5,813,782 6,263,272 Community development 9,155 - - - -
Parks and recreation 1,066,267 749,005 801,006 976,489 1,159,950 Public works 1,376,165 938,036 1,301,865 1,220,155 1,448,514 Interest on long-term debt 83,446 80,566 72,765 72,530 70,118 Total Governmental Activities Expenses 8,489,927 9,083,453 9,851,367 10,083,930 11,551,716 Business-Type Activities
Water 1,669,223 1,716,237 1,893,951 1,933,059 2,393,602 Wastewater 2,887,638 2,889,787 3,090,686 3,333,798 3,562,838 Total Business-Type Activities Expenses 4,556,861 4,606,024 4,984,637 5,266,857 5,956,440 Total Primary Government Net Expenses 13,046,788 13,689,477 14,836,004 15,350,787 17,508,156 Program Revenues
Governmental Activities
Charges for services
General government 915,735 180,139 208,574 188,613 214,999 Public safety 240,886 190,018 171,292 179,531 152,232
Community development 162,652 - - - -
Parks and recreation 100,630 66,739 44,247 26,588 50,605 Public works 305,614 539,617 324,193 345,425 421,397
Operating Contributions and Grants 484,480 209,472 348,082 239,765 1,856,224 Capital Contributions and Grants 446,248 525,005 473,052 380,700 477,809 Total Governmental Activities Program Revenues 2,656,245 1,710,990 1,569,440 1,360,622 3,173,266 Business-Type Activities
Charges for services
Water 2,061,253 2,457,698 2,270,224 2,229,367 2,295,614 Wastewater 3,116,767 3,324,934 3,028,330 3,104,920 2,895,155 Operating Contributions and Grants - - - - -
Capital Contributions and Grants 142,905 - - - -
Total Business-Type Activities Program Revenues 5,320,925 5,782,632 5,298,554 5,334,287 5,190,769 Total Primary Government Program Revenues $ 7,977,170 $ 7,493,622 $ 6,867,994 $ 6,694,909 $ 8,364,035 Continued
Source: Basic Financial Statements- City of Sebastopol, California Fiscal Year
CITY OF SEBASTOPOL
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2021 2022 2023 2024 2025
Expenses
Governmental Activities
General government $ 2,657,999 $ 2,966,273 $ 2,702,550 $ 3,215,865 $ 5,457,746 Public safety 6,760,025 6,741,592 5,108,708 6,374,018 7,213,977 Community development - - - - -
Parks and recreation 965,252 1,030,936 1,010,731 1,163,946 1,262,578 Public works 1,633,132 2,102,767 928,845 1,542,964 2,172,239 Interest on long-term debt 37,858 19,063 30,692 33,287 78,845 Total Governmental Activities Expenses 12,054,266 12,860,631 9,781,526 12,330,080 16,185,385 Business-Type Activities
Water 2,490,214 2,572,104 2,505,812 2,923,488 2,465,031 Wastewater 3,519,884 3,845,631 3,765,130 4,269,156 4,095,674 Total Business-Type Activities Expenses 6,010,098 6,417,735 6,270,942 7,192,644 6,560,705 Total Primary Government Net Expenses 18,064,364 19,278,366 16,052,468 19,522,724 22,746,090 Program Revenues
Governmental Activities
Charges for services
General government 205,711 212,591 218,820 223,487 1,989,338 Public safety 134,888 109,257 134,997 131,130 162,386
Community development - - - - -
Parks and recreation 75,314 24,383 6,675 18,871 167,997 Public works 520,283 394,056 817,936 482,328 776,816
Operating Contributions and Grants 799,896 548,966 2,527,480 752,416 467,855 Capital Contributions and Grants 741,050 715,013 574,589 2,265,289 535,356 Total Governmental Activities Program Revenues 2,477,142 2,004,266 4,280,497 3,873,521 4,099,748 Business-Type Activities
Charges for services
Water 2,613,289 2,519,592 2,353,715 2,433,539 3,441,843 Wastewater 3,024,497 3,053,622 3,005,604 2,870,624 4,970,764 Operating Contributions and Grants - - - - 50,000
Capital Contributions and Grants - - - - -
Total Business-Type Activities Program Revenues 5,637,786 5,573,214 5,359,319 5,304,163 8,462,607 Total Primary Government Program Revenues $ 8,114,928 $ 7,577,480 $ 9,639,816 $ 9,177,684 $ 12,562,355 Continued
Fiscal Year
CITY OF SEBASTOPOL
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2016 2017 2018 2019 2020
Net (Expense)/Revenue
Governmental Activities $ (5,833,682) $ (7,372,463) $ (8,281,927) $ (8,723,308) $ (8,378,450) Business-Type Activities 764,064 1,176,608 313,917 67,430 (765,671) Total Primary Government Net Expense (5,069,618) (6,195,855) (7,968,010) (8,655,878) (9,144,121) General Revenues and Other Changes in Net Position
Governmental Activities
Taxes
Property taxes 1,393,021 2,459,296 2,478,979 2,618,913 2,891,222 Sales and use taxes 1,748,368 2,069,199 3,923,850 3,714,794 3,958,244 Motor vehicle in lieu taxes 621,440 - - - -
Transient lodging taxes 482,164 483,738 514,225 529,810 631,742 Other taxes 2,761,809 2,246,817 1,134,089 1,097,589 1,153,243 Investment earnings 10,492 73,826 67,458 57,812 259,216 Miscellaneous 327,178 - 260,341 523,614 563,958
Transfers 31,024 31,023 31,023 32,259 31,024
Special items (3,602,937) - - - -
Extraordinary item: Theft of investment funds - - - - - Total Governmental Activities 3,772,559 7,363,899 8,409,965 8,574,791 9,488,649 Business-Type Activities
Investment earnings - - 32,728 31,889 107,261
Transfers (31,024) (31,023) (31,023) (32,259) (31,024)
Extraordinary item: Theft of investment funds - - - - - Total Business-Type Activities (31,024) (31,023) 1,705 (370) 76,237 Total Primary Government 3,741,535 7,332,876 8,411,670 8,574,421 9,564,886 Change in Net Position
Governmental Activities (2,061,123) (8,564) 128,038 (148,517) 1,110,199 Business-Type Activities 733,040 1,145,585 315,622 67,060 (689,434) Total Primary Government $ (1,328,083) $ 1,137,021 $ 443,660 $ (81,457) $ 420,765 Continued
Source: Basic Financial Statements- City of Sebastopol, California Fiscal Year
CITY OF SEBASTOPOL
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2021 2022 2023 2024 2025
Net (Expense)/Revenue
Governmental Activities $ (9,577,124) $ (10,856,365) $ (5,501,029) $ (8,456,559) $ (12,085,637) Business-Type Activities (372,312) (844,521) (911,623) (1,888,481) 1,901,902 Total Primary Government Net Expense (9,949,436) (11,700,886) (6,412,652) (10,345,040) (10,183,735) General Revenues and Other Changes in Net Position
Governmental Activities
Taxes
Property taxes 2,981,745 3,004,264 3,469,046 3,608,219 3,831,902 Sales and use taxes 3,697,726 4,362,811 4,608,918 4,521,289 5,799,149 Motor vehicle in lieu taxes - - - - -
Transient lodging taxes 518,175 402,255 544,128 519,452 480,263 Other taxes 1,100,380 1,158,279 1,436,605 1,467,561 1,403,961 Investment earnings 343,753 (7,279) (36,045) 496,694 616,231 Miscellaneous 602,464 315,678 796,267 104,454 484,696
Transfers 31,024 31,024 31,024 69,977 -
Special items - - - - (714,900)
Extraordinary item: Theft of investment funds - (819,039) - - - Total Governmental Activities 9,275,267 8,447,993 10,849,943 10,787,646 11,901,302 Business-Type Activities
Investment earnings 91,655 25,951 114,512 98,679 66,478 Transfers (31,024) (31,024) (31,024) (69,977) -
Extraordinary item: Theft of investment funds - (380,961) - - - Total Business-Type Activities 60,631 (386,034) 83,488 28,702 66,478 Total Primary Government 9,335,898 8,061,959 10,933,431 10,816,348 11,967,780 Change in Net Position
Governmental Activities (301,857) (2,408,372) 5,348,914 2,331,087 (184,335) Business-Type Activities (311,681) (1,230,555) (828,135) (1,859,779) 1,968,380 Total Primary Government $ (613,538) $ (3,638,927) $ 4,520,779 $ 471,308 $ 1,784,045 Concluded
Fiscal Year
CITY OF SEBASTOPOL
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2016 2017 2018 2019 2020
General Fund
Nonspendable $ - $ 11,127 $ 46,392 $ 28,818 $ 76,529
Restricted - - - - 1,186,330
Committed 1,015,000 185,000 185,000 - -
Assigned - 2,785,000 3,335,000 3,579,535 4,610,435
Unassigned 3,265,624 3,669,067 3,882,742 4,993,434 4,269,513 Total General Fund 4,280,624 6,650,194 7,449,134 8,601,787 10,142,807 All Other Governmental Funds
Nonspendable - - - - 2,651
Restricted 3,827,777 2,279,908 1,660,668 1,450,299 1,640,885 Committed 464,800 154,351 279,229 436,477 475,327
Unassigned - (79,673) (48,819) (113,745) (10,535)
Total All Other Governmental Funds 4,292,577 2,354,586 1,891,078 1,773,031 2,108,328 Total Governmental Funds $ 8,573,201 $ 9,004,780 $ 9,340,212 $ 10,374,818 $ 12,251,135 Continued
Source: Basic Financial Statements- City of Sebastopol, California Fiscal Year
CITY OF SEBASTOPOL
FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(Modified Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2021 2022 2023 2024 2025
General Fund
Nonspendable $ 42,386 $ 180,191 $ 187,748 $ 1,305,154 $ 1,292,561 Restricted 1,161,558 2,013,242 1,234,900 2,861,099 2,029,908 Committed - - - - -
Assigned 5,049,534 4,601,816 4,601,125 2,703,713 4,289,623 Unassigned 3,028,639 3,547,112 5,947,365 4,796,525 4,293,933 Total General Fund 9,282,117 10,342,361 11,971,138 11,666,491 11,906,025 All Other Governmental Funds
Nonspendable - 555 - - -
Restricted 1,905,784 1,585,961 1,656,890 1,592,576 2,335,565 Committed 491,317 492,217 539,118 417,314 490,603
Unassigned (6,926) (7,776) (183,350) (476,949) (224,343) Total All Other Governmental Funds 2,390,175 2,070,957 2,012,658 1,532,941 2,601,825 Total Governmental Funds $ 11,672,292 $ 12,413,318 $ 13,983,796 $ 13,199,432 $ 14,507,850 Concluded
Fiscal Year
CITY OF SEBASTOPOL
FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(Modified Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2016 2017 2018 2019 2020
Revenues
Property taxes $ 2,459,296 $ 2,681,062 $ 2,618,914 $ 2,891,222 $ 2,981,746 Sales and use taxes 3,940,169 4,454,450 4,686,751 4,907,892 4,609,379 Transient occupany taxes 483,738 514,225 529,810 631,742 518,175 Utility users tax - - - - -
Franchise fees 351,568 359,466 323,496 358,299 336,738
Licenses and permits 488,234 412,678 304,268 324,928 458,640 Fines and forfeits 122,235 88,747 82,605 55,501 48,171
Intergovernmental 979,119 676,542 765,572 540,760 2,213,385 Interest and rents 92,985 112,795 106,357 309,812 390,766 Charges for services 717,270 428,703 320,219 318,062 293,920 Miscellaneous 434,506 294,146 523,223 563,549 602,471
Total Revenues 10,069,120 10,022,814 10,261,215 10,901,767 12,453,391 Expenditures
Current
General Government 1,628,362 2,272,637 1,879,155 1,933,038 2,216,083 Public Safety 4,329,264 4,429,352 4,780,975 4,998,720 5,448,918 Community development 9,600 - - - -
Parks and recreation 524,035 605,061 639,930 826,945 970,013 Public works 1,443,331 930,256 868,491 1,051,102 1,062,194 Capital Outlay 554,243 1,188,516 1,471,598 766,230 590,256 Debt Service:
Principal 302,357 233,469 245,128 249,619 250,516
Interest 82,796 80,566 72,766 72,531 70,118
Cost of debt issuance - - - - -
Total Expenditures 8,873,988 9,739,857 9,958,043 9,898,185 10,608,098 Excess of Revenues Over (Under) Expenditures 1,195,132 282,957 303,172 1,003,582 1,845,293 Other Financing Sources (Uses)
Lease financing 85,423 66,250 - - -
Debt issuance - - - - -
Payment to escrow - - - - -
Sales of capital assets - 799 - - -
Transfers In 417,645 198,741 1,396,214 2,912,182 632,536 Transfers Out (386,622) (167,718) (1,363,955) (2,881,158) (601,512) Total Other Financing Sources (Uses) 116,446 98,072 32,259 31,024 31,024 Net Change In Fund Balances $ 1,311,578 $ 381,029 $ 335,431 $ 1,034,606 $ 1,876,317 Debt Service as a percentage
of non-capital expenditures 5.8% 4.6% 3.6% 3.7% 3.5%
Continued
Source: Basic Financial Statements- City of Sebastopol, California
CITY OF SEBASTOPOL
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(Modified Accrual Basis of Accounting)
Fiscal Year
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2021 2022 2023 2024 2025
Revenues
Property taxes $ 3,004,264 $ 3,333,748 $ 3,469,047 $ 3,608,219 $ 3,831,902 Sales and use taxes 5,321,931 5,744,161 5,766,785 4,819,171 5,799,149 Transient occupany taxes 402,255 504,292 544,128 519,452 480,263 Utility users tax - - - 863,179 913,843
Franchise fees 363,167 405,507 468,871 489,591 490,118
Licenses and permits 507,434 454,321 736,252 522,373 703,349 Fines and forfeits 30,439 27,452 28,766 34,665 28,921
Intergovernmental 1,401,853 1,071,029 2,749,503 2,604,266 1,429,408 Interest and rents 38,129 (257,367) 10,009 547,888 653,526 Charges for services 361,904 261,074 384,367 257,671 2,313,361 Miscellaneous 315,177 927,480 796,090 102,465 492,910
Total Revenues 11,746,553 12,471,697 14,953,818 14,368,940 17,136,750 Expenditures
Current
General Government 2,308,287 2,678,185 3,072,218 2,972,687 5,062,190 Public Safety 6,292,688 6,059,990 6,202,781 5,987,388 6,640,659 Community development - - - - -
Parks and recreation 792,038 799,261 928,296 979,416 1,063,074 Public works 1,161,841 1,293,535 1,171,320 1,104,778 1,669,263 Capital Outlay 680,072 1,797,036 1,669,492 3,748,461 1,235,120 Debt Service:
Principal 275,351 240,932 339,564 397,266 937,475
Interest 37,858 19,063 30,693 33,285 84,309
Cost of debt issuance 12,842 - - - -
Total Expenditures 11,560,977 12,888,002 13,414,364 15,223,281 16,692,090 Excess of Revenues Over (Under) Expenditures 185,576 (416,305) 1,539,454 (854,341) 444,660 Other Financing Sources (Uses)
Lease financing - - - - -
Proceeds from debt 420,626 1,126,307 - - 638,745
Payment to escrow (397,030) - - - -
Sales of capital assets - - - - 225,013
Transfers In 632,536 1,511,475 1,758,851 3,545,300 524,137 Transfers Out (601,512) (1,480,451) (1,727,827) (3,475,323) (524,137) Total Other Financing Sources (Uses) 54,620 1,157,331 31,024 69,977 863,758 Net Change In Fund Balances $ (578,843) $ 741,026 $ 1,570,478 $ (784,364) $ 1,308,418 Debt Service as a percentage
of non-capital expenditures 3.2% 3.0% 2.3% 3.3% 7.9%
Concluded
Fiscal Year
CITY OF SEBASTOPOL
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(Modified Accrual Basis of Accounting)
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Total Taxable Estimated
Fiscal Secured Unsecured SBE Assessed Actual Taxable Total Direct Year Property Property Nonunitary Value1 Value2
Tax Rate3
2016 $ 1,101,325,085 $ 34,718,413 $ - $ 1,136,043,498 $ - 1.1152% 2017 1,159,102,311 36,169,711 - 1,195,272,022 - 1.1247% 2018 1,213,563,175 40,451,873 - 1,254,015,048 1,506,046,992 1.1322% 2019 1,293,160,893 41,422,754 - 1,334,583,647 - 1.1322% 2020 1,346,424,183 39,548,176 - 1,385,972,359 1,769,357,484 1.1570% 2021 1,396,730,880 40,985,208 - 1,437,716,088 1,787,188,307 1.1560% 2022 1,442,646,754 42,502,411 - 1,485,149,165 1,939,139,162 1.1776% 2023 1,519,838,181 40,116,647 - 1,559,954,828 2,307,922,054 1.1369% 2024 1,594,670,072 46,550,880 - 1,641,220,952 2,135,504,184 1.1630% 2025 1,658,041,079 46,320,561 - 1,704,361,640 2,165,094,905 1.1849% 1 Article XIIIA, added to the California Constitution by Proposition 13 in 1978, fixed the base for valuation of property subject to taxes at the full cash value as it appeared on the Assessor's 1975-76 assessment roll.
Thereafter, full cash value can be increased to reflect:
a) annual inflation up to 2 percent
b) current market value at time of ownership change;
c) market value for new construction
2 3
Total direct tax rate is represented by TRA 05-001, 05-022.
Source: Sonoma County Assessor data, MuniServices, LLC / Neumo Estimated Actual Value is derived from a series of calculations comparing median assessed values from 1940 to current median sale prices. Based on these calculations a multiplier value was extrapolated and applied to current assessed values.
CITY OF SEBASTOPOL
ASSESSED VALUE AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY
LAST TEN FISCAL YEARS
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Agency 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Basic Levy 1
1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 Palm Drive Health Care District 0.00520 0.00520 0.00520 0.00520 0.00300 0.00300 0.00260 0.00260 0.00250 0.00240 Sebastopol Elementary Bonds 0.03500 0.03300 0.03550 0.03450 0.03350 0.03600 0.06600 0.05700 0.04200 0.05300 Sonoma County Junior College 0.01600 0.01500 0.01400 0.03600 0.01300 0.01300 0.01300 0.01200 0.01150 0.01100 Sonoma County Junior College 2014 0.00000 0.02500 0.02300 0.00000 0.02400 0.02400 0.02400 0.02300 0.02200 0.01950 Twin Hills Elementary 0.03300 0.03200 0.03050 0.03000 0.03000 0.02900 0.02500 0.00000 0.04050 0.05100 West Sonoma County Unified High 0.01900 0.01750 0.01700 0.04850 0.04650 0.04400 0.04000 0.03530 0.03750 0.04100 West Sonoma Russian River Project 0.00700 0.00700 0.00700 0.00700 0.00700 0.00700 0.00700 0.00700 0.00700 0.00700 Total Direct & Overlapping Tax Rates2
1.11520 1.13470 1.13220 1.16120 1.15700 1.15600 1.17760 1.13690 1.16300 1.18490 Note:
Source: Sonoma County Auditor data, MuniServices, LLC / Neumo ¹ In 1978, California voters passed Proposition 13 which set the property tax rate at a 1.00% fixed amount. This 1.00% is shared by all taxing agencies for which the subject property resides within. In addition to the 1.00% fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of any voter approved bonds.
Fiscal Year
CITY OF SEBASTOPOL
DIRECT AND OVERLAPPING PROPERTY TAX RATES
LAST TEN FISCAL YEARS
² Overlapping rates are those of local and county governments that apply to property owners within the City. Not all overlapping rates apply to all city property owners.
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Percent Of Percent Of
Total Total
Taxable Assessed Taxable Assessed
Taxpayer Assessed Value Valuation Assessed Value1 Valuation Barlow Star LLC $ 32,469,471 1.91%1
H-1 Real Estate LLC 15,857,866 0.93%
Longs Drug Stores California LLC 13,454,554 0.79% 6,996,126 0.62% Redwood Marketplace 7,748,223 0.45% 6,575,890 0.58%
970 Gravenstein Hwy LLC 6,835,000 0.40%
Kosta Browne Winery 6,706,670 0.39%
WRI Barlow LLC 6,532,710 0.38%
Maxwell Myers Co & Maxwell A Myers LLC 6,151,098 0.36%
Lok Sebastopol Hotel Co LLC 5,933,084 0.35% 5,223,809 0.46% GSR Sonoma LP 5,575,446 0.33%
Diajeff LLC 5,387,910 0.32% 4,572,680 0.40%
Southpoint Avenue Investors LLC 5,060,390 0.30% 4,294,455 0.38% M & J Interest LLC 4,788,613 0.28% 4,064,070 0.36%
Gravenstein Mixed-Use LLC 4,738,443 0.28%
Sebastopol Garden Apartments LLC 4,701,408 0.28% 3,968,576 0.35% Valhaus LP 4,601,512 0.27%
Cambridge Palm Investments LLC 4,391,709 0.26% 3,727,613 0.33% 350 Morris Street LLC 4,374,882 0.26%
Petaluma Palm Partners 4,318,077 0.25% 3,667,905 0.32%
7385 Healdsburg Avenue LLC 4,211,420 0.25% 3,574,290 0.31% Concord Meridian Park LLC 3,870,847 0.23%
Silvestri James M Tr & Silvestri Clotilde Trust 3,863,359 0.23% Gitlin Robert S Tr & Frey-Gitlin Karla S Trust 3,762,361 0.22% SBRI Redwood Grove LLC 3,688,609 0.22% 3,131,429 0.28%
Pacific Realty Development I LLC 3,667,410 0.22%
Barlow Sebastopol LLC 21,541,152 1.90%
O'Reilly Properties LLC 15,348,870 1.35%
Highway Partners LLC 6,523,392 0.57%
Bella Commercial Mgmt LLC 6,373,481 0.56%
Pendergast Charles R 5,063,636 0.45%
Gravenstation LLC 3,325,528 0.29%
Pellascini Richard L Pellascin 3,155,154 0.28%
Kahle Eric J & Kahle Stephanie L 3,035,795 0.27%
Vailetti Celestina 2,892,300 0.25%
Mcphail Land Corp 2,868,785 0.25%
Mukherji Ashok 2,843,537 0.25%
Rand Enterprise LP 2,800,000 0.25%
Smith Dan D Joan Marler 2,766,675 0.24%
Moaveni Shahrokh Kheradmand Me 2,726,925 0.24%
Total Top 10 Taxpayers 172,691,072 10.13% $ 131,062,073 11.54% Total Taxable Value $ 1,704,361,640 100.00% $ 1,136,043,498 100.00% Source: Sonoma County Assessor data, MuniServices, LLC / Neumo Fiscal Year 2016
CITY OF SEBASTOPOL
PRINCIPAL PROPERTY TAXPAYERS
CURRENT YEAR AND NINE YEARS AGO
Fiscal Year 2025
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Fiscal RDA/Successor Percent of
Year City Agency Total1 Amount Levy
2017 $ 2,523,397 $ 825,365 $ 3,348,762 $ 3,348,762 100.00% 2018 2,433,418 827,985 3,261,403 3,261,403 100.00%
2019 2,714,491 743,087 3,457,578 3,457,578 100.00%
2020 2,781,985 656,366 3,438,351 3,438,351 100.00%
2021 2,909,941 319,262 3,229,203 3,229,203 100.00%
2022 3,202,351 - 3,202,351 3,202,351 100.00%
2023 3,293,347 - 3,293,347 3,293,347 100.00%
2024 3,443,906 - 3,443,906 3,443,906 100.00%
2025 3,704,759 - 3,704,759 3,704,759 100.00%
1 Schedule excludes unitary tax.
2 * The schedule is intended to show information for ten years, additional years will be displayed as it becomes available.
Source: Sonoma County Tax Collector/Treasurer
CITY OF SEBASTOPOL
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
The City of Sebastopol participates in the County of Sonoma "Teeter Plan" for property tax distributions. This plan distributes 100% of the secured taxes to participants; and in turn, allows the County to keep related penalties and interest for late tax payments.
Taxes Levied for the Fiscal Year
Collections within the
Fiscal Year of the Levy
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
City of Sebastopol - Bradley Burns
Category 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Eating and Drinking Places -$ 39,035$ 40,730$ 43,265$ 33,525$ 44,326$ 39,036$ 36,947$ 32,746$ 31,626$ Food Stores - 31,691 33,067 35,126 32,999 39,915 44,478 41,357 39,236 39,368 Apparel Stores - 2,399 2,503 2,659 2,840 3,636 3,883 3,784 3,904 3,873 Auto Dealers and Supplies - 9,932 10,363 11,008 9,243 8,837 8,706 9,284 8,252 8,344 Service Stations - 17,525 18,286 19,424 16,734 21,926 19,190 16,825 17,131 20,449 Other Retail Stores - 32,346 33,751 35,851 31,820 34,202 32,551 31,599 28,826 28,248 All Other Outlets - 27,598 28,796 30,589 27,608 29,984 21,972 21,472 23,529 23,206 Total -$ 160,525$ 167,497$ 177,922$ 154,770$ 182,826$ 169,816$ 161,269$ 153,625$ 155,114$ City of Sebastopol - Measure Y
Category 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Eating and Drinking Places -$ 36,868$ 38,469$ 40,863$ 33,537$ 42,423$ 39,585$ 37,757$ 33,618$ 32,338$ Food Stores - 35,413 36,951 39,251 37,966 36,386 38,962 46,524 44,990 42,992 Apparel Stores - 5,600 5,843 6,207 5,293 6,201 6,298 6,676 6,093 6,069 Auto Dealers and Supplies - 38,325 39,990 42,478 33,575 41,451 40,643 44,124 41,412 40,325 Service Stations - 17,876 18,652 19,813 17,106 22,139 19,419 17,085 17,183 19,886 Other Retail Stores - 63,732 66,501 70,639 58,284 53,109 52,863 50,032 47,131 43,757 All Other Outlets - 72,414 75,559 80,262 66,878 68,588 60,692 57,283 56,718 55,486 Total -$ 270,228$ 281,964$ 299,513$ 252,641$ 270,297$ 258,462$ 259,481$ 247,145$ 240,853$ City of Sebastopol - Measure T
Category 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Eating and Drinking Places -$ 36,868$ 38,469$ 40,863$ 33,537$ 42,423$ 39,585$ 37,757$ 33,618$ 32,338$ Food Stores - 35,413 36,951 39,251 37,966 36,386 38,962 46,524 44,990 42,992 Apparel Stores - 5,600 5,843 6,207 5,293 6,201 6,298 6,676 6,093 6,069 Auto Dealers and Supplies - 38,325 39,990 42,478 33,575 41,451 40,643 44,124 41,412 40,325 Service Stations - 17,876 18,652 19,813 17,106 22,139 19,419 17,085 17,183 19,886 Other Retail Stores - 63,732 66,501 70,639 58,284 53,109 52,863 50,032 47,131 43,757 All Other Outlets - 72,414 75,559 80,262 66,878 68,588 60,692 57,283 56,718 55,486 Total -$ 270,228$ 281,964$ 299,513$ 252,641$ 270,297$ 258,462$ 259,481$ 247,145$ 240,853$ City of Sebastopol - Total
Category 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Eating and Drinking Places -$ 112,770$ 117,668$ 124,991$ 100,600$ 129,171$ 118,206$ 112,461$ 99,983$ 96,302$ Food Stores - 102,517 106,970 113,628 108,932 112,687 122,402 134,405 129,215 125,352 Apparel Stores - 13,599 14,189 15,072 13,427 16,039 16,478 17,135 16,091 16,011 Auto Dealers and Supplies - 86,582 90,342 95,965 76,393 91,739 89,991 97,532 91,075 88,994 Service Stations - 53,277 55,590 59,050 50,947 66,203 58,029 50,995 51,497 60,221 Other Retail Stores - 159,810 166,752 177,130 148,389 140,420 138,278 131,664 123,088 115,763 All Other Outlets - 172,426 179,914 191,112 161,365 167,160 143,356 136,037 136,965 134,178 Total -$ 700,981$ 731,425$ 776,949$ 660,052$ 723,420$ 686,740$ 680,231$ 647,915$ 636,820$ * Categories of sales activity, and amounts displayed for the current reporting period are estimated based on prior years' activity.
Calendar Year
Calendar Year
Calendar Year
CITY OF SEBASTOPOL
TAXABLE SALES BY CATEGORY
LAST TEN CALENDAR YEARS (IN THOUSANDS OF DOLLARS)
Calendar Year
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Special Finance LeaseFiscal Assessment Purchase Leaseback Year Bonds Agreements Agreements Total2
2016 $ 185,000 $ 2,273,334 $ 2,458,334
2017 160,000 2,075,657 - 2,235,657
2018 140,000 1,850,529 - 1,990,529
2019 115,000 1,625,911 - 1,740,911
2020 90,000 1,400,395 - 1,490,395
2021 65,000 1,173,640 - 1,238,640
2022 35,000 1,126,307 933,133 2,094,440
2023 - 1,050,637 710,239 1,760,876
2024 - 985,875 377,735 1,363,610
2025 - 914,639 150,241 1,064,880
Finance Lease- Refunding State
Fiscal Installment Purchase Leaseback Loan Payable Drinking Year Agreement Agreements Agreements Truist Water Loan Total2 2016 $ 1,160,118 $ 1,130,420 $ - $ - $ 170,415 $ 2,460,953 2017 1,118,601 1,147,458 - - 249,339 2,515,398
2018 1,075,382 990,710 - - 148,328 2,214,420
2019 1,030,391 859,552 - - 98,863 1,988,806
2020 983,555 737,003 - - 75,481 1,796,039
2021 - 627,380 - 1,019,462 - 1,646,842
2022 - 3,812,582 487,375 955,734 - 5,255,691
2023 - 3,559,254 365,560 891,079 - 4,815,893
2024 - 3,330,963 245,041 825,058 - 4,401,062
2025 - 3,103,956 - 757,643 - 3,861,599
Total Percentage
Fiscal Primary of Personal Per
Year Government Income1 Capita1
2016 $ 4,919,287 1.42% 649
2017 4,751,055 1.38% 616
2018 4,204,949 1.10% 533
2019 3,729,717 0.97% 477
2020 3,286,434 0.84% 424
2021 2,885,482 1.00% 377
2022 7,350,131 2.83% 981
2023 6,576,769 2.27% 895
2024 5,764,672 1.87% 790
2025 4,926,479 0.96% 669
Note: Details regarding the City's outstanding debt can be found in the Notes to the Financial Statements. 1 See Demographic and Economic Indicators schedule for personal income and population data. 2 Totals do not include other post-employment benefits payable or compensated absences. n/a: not available
Source: Basic Financial Statements - City of Sebastopol, California Business-Type Activities
CITY OF SEBASTOPOL
RATIOS OF OUTSTANDING DEBT BY TYPE
LAST TEN FISCAL YEARS
Governmental Activities
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
General Percentage of
Bonded Percentage Total Taxable
Fiscal Debt of Personal Assessed Per
Year Outstanding Income1 Value2 Capita1
2016 $ - N/A N/A N/A
2017 - N/A N/A N/A
2018 - N/A N/A N/A
2019 - N/A N/A N/A
2020 - N/A N/A N/A
2021 - N/A N/A N/A
2022 - N/A N/A N/A
2023 - N/A N/A N/A
2024 - N/A N/A N/A
2025 - N/A N/A N/A
1 See Demographic and Economic Indicators schedule for personal income and population data. 2 See Assessed Value and Actual Value of Taxable Property schedule for property value data.
Source: Basic Financial Statements - City of Sebastopol, California
CITY OF SEBASTOPOL
RATIOS OF GENERAL BONDED DEBT OUTSTANDING
LAST TEN FISCAL YEARS
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Assessed Valuation $ 1,713,620,734
City's
Share of
Total Debt Percent Debt as of
June 30, 2025 Applicable1
June 30, 2025
OVERLAPPING TAX AND ASSESSMENT DEBT:
Sonoma County Joint Community College District $ 336,025,000 1.407% $ 4,727,872 West Sonoma County Union High School District 98,856,824 13.236% 13,084,689 Sebastopol Union School District 20,427,805 58.495% 11,949,245 Twin Hills Union Shool District 1,794,804 0.677% 12,151 Palm Drive Healthcare District 1,813,045 12.398% 224,781 Palm Drive Healthcare District Parcel Tax Obligations 8,321,758 12.398% 1,031,732 TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT 31,030,469
DIRECT AND OVERLAPPING GENERAL FUND DEBT:
Sonoma County Certificates of Participation $ 29,630,000 1.417% 419,857 Sonoma County Pension Obligation Bonds 159,945,000 1.417% 2,266,421 Sonoma County Office of Education Certificates of Participation 2,332,932 1.417% 33,058 West Sonoma County Union High School District General Fund Obligations 796,058 13.236% 105,366 Sebastopol Union School District Certificates of Participation 135,825 58.495% 79,451 Twin Hills Union School District Certificates of Participation 115,136 0.677% 779 City of Sebastopol Obligations 1,064,880 100.00% 1,064,880 TOTAL DIRECT AND OVERLAPPING GENERAL FUND OBLIGATION DEBT 3,969,812 COMBINED TOTAL DEBT $ 35,000,281
TOTAL DIRECT DEBT $ 1,064,880
TOTAL OVERLAPPING DEBT 33,935,401
COMBINED TOTAL DEBT $ 35,000,281 2
1 The percentage of overlapping debt applicable to the City is estimated using taxable assessed property value.
Applicable percentages were estimated by determinating the portion of the overlapping district's assessed value that is within the boundaries of the City divided by the district's total taxable assessed value. 2 Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue, and non-bonded lease obligations RATIOS TO 2024-25 ASSESSED VALUATION:
Total Overlapping Tax and Assessment Debt 1.81%
Combined Direct Debt 0.06%
Combined Total Debt 2.04%
Source: MuniServices, LLC / Neumo California Municipal Statistics, Inc.
CITY OF SEBASTOPOL
DIRECT AND OVERLAPPING DEBT GOVERNMENTAL ACTIVITIES DEBT AS OF JUNE 30, 2025
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2016 2017 2018 2019 2020
Total assessed value of all real
and personal property $ 1,136,043,498 $ 1,195,272,022 $ 1,254,015,048 $ 1,293,160,893 $ 1,346,424,183 Debt limit percentage 3.75% 3.75% 3.75% 3.75% 3.75%
Total debt limit 42,601,631 44,822,701 47,025,564 48,493,533 50,490,907 Amount applicable to debt limit 2,458,334 - 1,990,529 1,740,911 1,490,395 Legal debt margin $ 40,143,297 $ 44,822,701 $ 45,035,035 $ 46,752,622 $ 49,000,512 Total net debt applicable to the limit as a
percentage of debt limit 5.77% 0.00% 4.23% 3.59% 2.95%
Continued
Note: California Government Code, Section 43605 sets the debt limit at 15%. The Code section was enacted when assessed valuations were based on 25% of full market value. This has since changed to 100% of full market value. Thus the limit shown is 3.75% (1/4 of 15%).
Source: Basic Financial Statements - City of Sebastopol, California
CITY OF SEBASTOPOL
LEGAL DEBT MARGIN INFORMATION
LAST TEN FISCAL YEARS
Fiscal year
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2021 2022 2023 2024 2025
Total assessed value of all real
and personal property $ 1,396,730,880 $ 1,442,646,754 $ 1,519,838,181 $ 1,594,670,072 $ 1,658,041,079 Debt limit percentage 3.75% 3.75% 3.75% 3.75% 3.75%
Total debt limit 52,377,408 54,099,253 56,993,932 59,800,128 62,176,540 Amount applicable to debt limit 1,238,640 2,059,440 1,760,876 1,363,610 1,064,880 Legal debt margin $ 51,138,768 $ 52,039,813 $ 55,233,056 $ 58,436,518 $ 61,111,660 Total net debt applicable to the limit as a
percentage of debt limit 2.36% 3.81% 3.09% 2.28% 1.71%
Concluded
Fiscal year
CITY OF SEBASTOPOL
LEGAL DEBT MARGIN INFORMATION
LAST TEN FISCAL YEARS
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Fiscal Special
Year Assessments Principal Interest Coverage
2016 $ 32,420 $ 20,000 $ 15,312 0.92
2017 31,194 25,000 11,455 0.86
2018 32,344 20,000 10,005 1.08
2019 33,315 25,000 9,686 0.96
2020 31,712 25,000 6,868 1.00
2021 32,512 25,000 8,371 0.97
2022 33,131 30,000 6,596 0.91
2023 - 35,000 2,293 0.00
2024 - - - N/A
2025 - - - N/A
Note:
Source: Basic Financial Statements - City of Sebastopol, California
CITY OF SEBASTOPOL
PLEDGED REVENUE COVERAGE
GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
Details regarding the City's outstanding debt can be found in the notes to the basic financial statements.
Special Assessment Bonds
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Adjusted Net
Fiscal Operating Operating Available
Year Revenue Expenses Revenue Principal Interest Coverage 2016 $ 2,061,253 $ (1,493,267) $ 567,986 $ 39,881 $ 49,201 6.38 2017 2,467,685 (1,538,204) 929,481 41,517 47,565 10.43
2018 2,284,764 (1,763,844) 520,920 101,011 45,217 3.56
2019 2,280,988 (1,737,823) 543,165 93,902 48,047 3.83
2020 2,343,362 (2,159,899) 183,463 97,338 45,177 1.29
2021 2,613,289 (2,245,148) 368,141 74,943 117,541 1.91
2022 2,519,592 (2,300,500) 219,092 133,663 24,535 1.38
2023 2,353,715 (2,212,048) 141,667 277,668 42,579 0.44
2024 2,433,539 (2,622,128) (188,589) 261,527 56,599 (0.59) 2025 3,441,843 (2,171,670) 1,270,173 328,963 52,229 3.33 Note: Details regarding the City's outstanding debt can be found in the notes to the basic financial statements. Operating expenses do not include interest, depreciation or amortization.
Source: Basic Financial Statements - City of Sebastopol, California Refunding Loan Payable - Truist, Refunding Lease Agreement, and Finance Purchase Agreements
CITY OF SEBASTOPOL
PLEDGED REVENUE COVERAGE
PROPRIETARY FUNDS
LAST TEN FISCAL YEARS
Installment Sale Agreement, State Drinking Water Loan,
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
CITY OF SEBASTOPOL
DEMOGRAPHIC STATISTICS
LAST TEN FISCAL YEARS
% of Pop 25+ % of Pop 25+
Fiscal Total Per with High with Bachelors Unemployment Median Year Population (in thousands) Capita School Degree Degree Rate Age 2016 7,579 283,772 37,441 93.80% 41.20% 3.4% 51.30
2017 7,709 305,392 39,615 96.10% 48.30% 3.4% 51.30
2018 7,885 303,177 38,449 96.10% 48.30% 4.1% 47.90
2019 7,826 314,018 40,125 93.10% 38.60% 2.4% 47.20
2020 7,745 328,140 42,368 95.70% 43.80% 20.7% 47.60
2021 7,657 330,501 43,163 95.50% 44.90% 11.9% 46.80
2022 7,489 351,291 49,578 96.10% 44.60% 2.6% 48.50
2023 7,348 424,918 57,828 95.60% 47.00% 3.6% 49.10
2024 7,295 471,959 64,696 96.70% 48.50% 3.5% 48.80
2025 7,367 513,882 69,755 95.00% 43.90% 3.5% 48.40
Source:
Population: California State Department of Finance. Unemployment Data: California Employment Development Department.
Census. Projections are developed by incorporating all of the prior census data released to date. Demographic Data is totaled from Census Block Groups that overlap the City's boundaries 2016 and later - Income, Age and Education Data - US Census Bureau, most recent American Community Survey Personal Income
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
Percent of Percent of
Total Total
Employer Employees Employment Employees Employment
Sonoma Specialty Hospital 208 5.62%
West Sonoma County Union High School District 183 4.95% Apple Valley Post Acute Rehab 172 4.65% 120 8.00%
Traditional Medicinals Inc 145 3.92% 140 9.00%
Safeway 112 3.03% 95 6.00%
Gravenstein Union District 98 2.65%
Whole Foods Market 97 2.62%
City of Sebastopol* 93 2.51%
TLC Child and Family Services 78 2.11% 130 8.00%
Andy's Produce Markets 71 1.92%
O'Reilly Media Inc. 2.53% 186 12.00%
Zak Zaikine Productions 120 8.00%
Manzana Products Company Inc. 2.45% 110 7.00%
Safeway Pharmacy 110 7.00%
Analy High School 2.42% 90 6.00%
Antique Society 85 5.00%
Total Top Employers 1,257 41.37% 1,186 76.00%
Total Labor Force 3,700
Source: MuniServices, LLC / Neumo
Source: City of Sebastopol - FY17-18 ACFR Report Publication (FY15-16 - Not Available)
CITY OF SEBASTOPOL
PRINCIPAL EMPLOYERS
CURRENT YEAR AND NINE YEARS AGO
Fiscal Year 2025 Fiscal Year 2018
Agenda Item Number 5
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2017 2018 2019 2020 2021 2022 2023 2024 2025
Governmental Activities
General Government
City Council 6.00 6.00 6.00 5.00 6.00 6.00 6.00 5.00 5.00 City Manager 0.75 0.75 0.75 0.75 0.75 0.75 0.75 1.00 1.00 City Attorney 0.25 0.25 0.25 0.25 0.25 0.25 0.25 - -
City Clerk 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Finance 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
Building Inspection 1.50 1.50 1.50 0.50 1.50 0.50 0.50 1.50 1.50 Planning 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00
Public Safety
Police 34.75 34.75 34.75 24.75 25.75 23.00 25.00 23.00 21.00 Fire 33.50 33.50 35.50 34.50 35.50 35.50 34.50 3.50 5.50 Public Works and facilities
Administration 2.75 2.75 2.75 2.75 2.75 2.75 2.75 2.75 5.00 Water 1.00 1.00 1.00 1.00 1.00 1.00 1.00 2.00 2.00
Laborer 4.00 4.00 4.00 3.00 3.00 3.00 3.00 3.00 3.00
Engineering 1.75 1.75 1.75 1.75 1.75 1.75 1.75 2.25 -
Maintenance 4.00 6.00 6.00 7.00 7.00 7.00 7.00 6.00 6.00 Total 100.25 102.25 89.25 93.25 89.50 90.50 58.00 58.00 98.25 * The schedule is intended to show information for ten years, additional years will be displayed as it becomes available.
Source: City of Sebastopol Finance Department
Fiscal Year
CITY OF SEBASTOPOL
FULL-TIME EQUIVALENT CITY GOVERNMENT EMPLOYEES
BY FUNCTION/PROGRAM
LAST TEN FISCAL YEARS*
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Building
Residential Building Permits 432 393 278 300 290 323 330 360 415 420 Land use entitlement applications 32 25 25 25 25 25 30 57 33 33 Police
Citations issued n/a 872 1,156 906 2,121 1,122 1,224 1,177 1,128 1,011 Arrests made 623 669 581 519 468 329 299 297 362 233
Requests for services 7,830 7,703 7,845 8,276 8,251 6,894 7,743 12,384 12,674 19,003 Fire
Fire responses 1,056 1,150 1,190 1,275 1,200 1,189 1,250 1,325 1,595 1,701 Fire Inspections 300 350 375 400 380 375 390 280 200 250 Area served (sq. miles) 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.80 2 Public Works
Encroachment permits 98 59 65 74 86 95 60 61 59 58
Capital improvement projects n/a n/a 6 3 3 6 1 2 6 3*
Park acres overseen 96.00 97.70 97.70 97.70 97.70 97.70 97.70 98.70 98.70 99 Street maintenance - crack seal (streets) n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Street maintenance - traffic marking
paint (gal.) n/a n/a 271 325 120 135 275 120 300 375
Street light repairs n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Water/Waste Water
Active Residential Accounts 2,470 2,682 2,503 2,451 2,686 2,560 2,506 2,767 2,549 2,537 Active Commerical Accounts 335 473 381 455 343 335 364 379 359 361 Average Daily Water Consumption 783,561 838,673 821,096 782,192 817,534 872,883 732,960 718,416 898,063 790,258 Ground Storage Capacity (gallons) 7.5m 7.5m 7.5m 7.5m 7.5m 7.5m 7.5m 7.5m 7.5m 7.5m Ground Water Production Capactiy
(1000 gallons per day) 3,226 3,226 3,226 3,312 3,312 3,312 3,312 3,312 3,312 3,312 Pump Capacity (gallons per minute) 2,240 2,240 2,240 2,300 2,300 2,300 2,300 2,300 2,300 2,300 Waste Water Treatment Capacity
(1000 gallons per day) 840 840 840 840 840 840 840 840 840 840 * (1) Sunset Ave/Taft improvements, (2) Youth Annex ADA, (3) SR 116-Bodega Ave Ped Improvements (“Quickstrike”) Source: City of Sebastopol Finance Department
Fiscal Year
CITY OF SEBASTOPOL
OPERATING INDICATORS
BY FUNCTION/PROGRAM
LAST TEN FISCAL YEARS
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Police
Stations 1 1 1 1 1 1 1 1 11
Fire
Stations 1 1 1 1 1 1 1 1 11
Public Works
Streets (centerline miles) n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Street lights n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Traffic signals 2 2 2 2 2 2 2 2 22
Parks and Recreation
Office buildings 4 4 4 4 4 4 4 4 44
Park acreage 96 98 97.7 97.7 97.7 97.7 97.7 97.7 97.7 97.7 Playing fields/courts n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Swimming pools 1 1 11111111
Water play features n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Water
Water mains (miles) 37 37 37 37 37 37 37 37 37 37
Fire hydrants 450 450 450 450 450 450 45 450 450 450
Storage capacity (million gallons) 7.50 7.50 7.50 7.50 7.50 7.5 7.5 7.5 7.5 7.5 Treatment capacity (million gallons)
Wastewater
Sewer mains (miles) 29 29 29 29 29 29 29 29 29 29
Treatment capacity (million gallons) n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Source: City of Sebastopol Finance Department
Fiscal Year
CITY OF SEBASTOPOL
CAPITAL ASSET STATISTICS
BY FUNCTION/PROGRAM
LAST TEN FISCAL YEARS
Agenda Item Number 5
City Council Meeting Packet of January 20, 2026